GTI Energy Executive Director Bruce Lane

“We define pounds in the ground, and enjoy the ride in the cycle where the uranium business in North America and the US enjoys a spectacular renaissance," said GTI Energy Executive Director Bruce Lane.

GTI Energy Executive Director Bruce Lane: We’re Aligned with the Uranium

GTI Energy (ASX:GTR,OTCQB:GTRIF) is clearly aligned with the uranium cycle, according to Executive Director Bruce Lane after the company acquired 13,800 acres of contiguous in-situ recovery uranium exploration claims at the Green Mountain project.

“We see ourselves in that part of the cycle, where we're into something that’s amenable to building out a resource,” Lane said. "Once we've got those pounds in the ground, we can be valued more readily. We think we're aligned with the cycle. These properties in Wyoming have mineralisation under the ground; we've got to go through a process of defining those pounds."

GTI Energy recently acquired Logray Minerals, holder of the Green Mountain project. The strategic acquisition increased GTI’s land holding by 40 percent to 35,000 acres.

“The acquisition grew our land package by about 40 percent," Lane said. "So we're happy that we've got a significant position there. We've been looking forward to the day when the acquisition occurs.”

The new GTI Energy claims are adjacent to deposits like Energy Fuels' (TSX:EFR,NYSE:UUUU) Sheep Mountain, Ur-Energy’s (TSX:URE,NYSEAMERICAN:URG) Lost Soldier, Rio Tinto’s (ASX:RIO,TSX:RIO,NYSE:RIO) Jackpot and UEC’s (NYSEAMERICAN:UEC) Antelope. The company is planning to conduct a 100,000 foot exploration drill program on GTI Energy’s Great Divide Basin properties.

“We will have a field team going out there in the next week or two to tighten our understanding of where we want to drill first," Lane said. "We are also working on permitting there, we're planning a fairly significant drill program, which is about 10 to 15 kilometres away from Green Mountain. We'll be putting out 100,000 feet of drilling into the Great Divide basin between July and likely until November or December.

“We define pounds in the ground, and enjoy the ride in the cycle where the uranium business in North America and the US enjoys a spectacular renaissance," he said.

Watch the full interview of GTI Resources Executive Director Bruce Lane above.

Disclaimer: This interview is sponsored by GTI Energy (ASX:GTR,OTCQB:GTRIF). This interview provides information that was sourced by the Investing News Network (INN) and approved by GTI Energy in order to help investors learn more about the company. GTI Energy is a client of INN. The company’s campaign fees pay for INN to create and update this interview.

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The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with GTI Energy and seek advice from a qualified investment advisor.

This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.

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